Economy, asked by snehamarwaha3, 6 hours ago

What shape will PP C take when marginalrate of transformation is
decreasing. Explainit through graph

Answers

Answered by Armys99

15

When the PPC is straight line , opportunity costs are the same no matter how are you move along the curve . when the PPC is concave , opportunity costs increase as you move along the curve , when the PPC is convex , opportunity costs are decrease .

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